Oslo, June 22, 2020 – NEXT Biometrics (Oslo Bors: NEXT), a global company in fingerprint sensor technology, today announce it has received an order for fingerprint biometric readers in India to a value of USD 417.400. The customer has provided 60% upfront payment and the initial shipment of Next UIDAI and STQC certified fingerprint biometric readers will be delivered during Q2 and remaining volume during Q3 2020.
Next products will be used by the government of Tamil Nadus “Public Distribution System” -program aiming at improving living standards of citizens in rural areas. As part of the program, NEXT Biometrics’ fingerprint readers will be used for Aadhar Authenticated distribution of food supplies to the Citizens of Tamil Nadu.
“We are pleased that Next products are providing tools for local governments in India focused at improving living standards and providing social benefits for its populations.” said Peter Heuman, NEXT Biometrics CEO.
The purchase order reflects an increased demand for biometric solutions tied to the Government’s Aadhaar program, which continues to provide NEXT with opportunities to expand its share of a growing Indian market.
“The local network of partners and distributors that Next has established in India is key for our continued success in government programs” said Vishal Pandole, Head of Sales India at NEXT Biometrics. “This adds to the superior performance, reliability and user-friendliness of our sensor technology proven in numerous real-life projects and use-cases in India.”
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company’s patented NEXT Active Thermal™ principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Taipei, Prague, Bengaluru and Shanghai.
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NEXT Investor contact:
Peter Heuman, email@example.com
Eirik Underthun, firstname.lastname@example.org